TABLE 11

LIFE INSURERS: POLICYHOLDERS ACCOUNT

(` Lakh)

Particulars

LIC
2009-10

2008-09

2007-08

2006-07

2005-06

2004-05

2003-04

2002-03

2001-02

18607731
(9492)
352

15728804
(10091)
(57)

14978999
(8795)
355

12782284
(4167)
109

9079222
(3454)
151

7512729
(4295)
(97)

6316760
(3831)
137

5462849
(2794)
182

4982191
(1676)
79

6719788
1017242
(192374)
3694853
-

5658279
508993
(190329)
(1699371)
-

4799879
1108636
(163831)
(107288)
-

4057240
767174
(145943)
(110232)
-

3547864
610719
(153943)
-

3297750
430727
(96922)
-

2721569
349699
(86694)
-

2507983
128251
(33223)
-

2286190
112377
(13618)
-

34053
-

31838
-

113522
-

96011
-

134128
-

99382
-

11250
-

35533
-

12464
-

29872155
1211031
1224582
(104530)
362529
50455
12256
2756324
7913066
100354

20028065
1003324
906429
27311
334848
93177
1909
2366998
5247814
77223

20636298
956810
830932
13568
351046
15791
4167
2172314
5655033
107309

17442476
916907
708584
41167
466582
12233
(5851)
2139622
5328646
139571

13214688
709492
604156
20976
396775
4036
5110
1740546
3392711
29724

11239274
624517
598718
109937
561925
16480
(518)
1911059
2844045
19529

9308890
573384
504233
50849
150628
720805
1999899
2392375
23362

8098781
499861
462109
26541
125862
26077
824646
1965097
2053039
21635

7378007
451791
426040
17987
86817
8397
859
991891
1747664
19538

11722395
7276923
27012738
103092
103092

10771117
1472001
17568156
92912
92912

8955640
3663043
18381025
82959
82959

7394339
2364517
15227074
75781
75781

6926623
1062908
11411965
62177
62177

6016358
378623
9258555
69660
69660

4838442
7254178
54813
54813

4010200
6084875
48810
48810

3403227
5170429
1215687
-

103092
-

92912
-

82959
-

75781
-

62177
-

69660
-

54813
-

48810
-

43325
822144

Balance being funds for future appropriations-Policyholders

Balance being funds for future appropriations-Shareholders

350218

103092

92912

82959

75781

62177

69660

54813

48810

1215687

Premiums earned net

(a) Premium
(b) Reinsurance ceded
(c) Reinsurance accepted
Income from Investments
(a) Interest, Dividends & Rent Gross
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
(d) Transfer/Gain on revaluation/change in fair value
(e) Amortization of Premium/Discount on Investments
(f) Appropriation/Expropriation Adjustment Account
Unrealised Gains/Loss
Other Income
Transfer from Shareholders' Account
Unit Linked Recoveries
TOTAL (A)
Commission
Operating Expenses related to Insurance Business
Provision for doubtful debts
Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments (Net)
(b) Others
TOTAL (B)
Benefits Paid (Net)
Interim Bonuses Paid
Change in valuation of liability in respect of life policies
(a) Gross
(b) Amount ceded in Reinsurance
(c) Amount accepted in Reinsurance
(d) Transfer to Linked Fund
TOTAL ( C )
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
Prior Period Items
Balance at the beginning of the year
Transfer from Linked Fund (Lapsed Policies)
Surplus available for appropriations
APPROPRIATIONS
Transfer to Shareholders Account
Transfer to Other Reserves (Reserve for lapsed unit linked
policies unlikely to be revived)

Balance transferred to Balance Sheet

TOTAL (D)
Note: Figure in bracket represents negative value

Cont'd...TABLE 11

LIFE INSURERS: POLICYHOLDERS ACCOUNT

(` Lakh)

Particulars

AEGON
RELIGARE

AVIVA

2009-10 2008-09

2009-10 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03

BAJAJ ALLIANZ
2009-10 2008-09

2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02

972531 534524 313358 100168
(1327)
(926)
(536)
(364)
-

Premiums earned net

(a) Premium

16565
(86)

3121
(13)

136
864
(191)

15
13
(39)

490

35

(e) Amortization of Premium/Discount on

Investments

39

(f) Appropriation/Expropriation Adjustment

Account

29

17846
1236
27882

3135
219
16213

60

(b) Reinsurance ceded

(c) Reinsurance accepted
Income from Investments
(a) Interest, Dividends & Rent Gross
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
(d) Transfer/Gain on revaluation/change in fair
value

Unrealised Gains/Loss
Other Income
Transfer from Shareholders' Account

237801 199287 189815 114723

(1651) (1580) (1247)
(717)
18738 15240
9913
4733
10085
2242
4041
554
(5027) (3249)
(525)
(239)
114670 (53158)

60027
(334)
-

25342
(305)
-

8150
(40)
-

1347
(8)
-

1141971 1062452
(2835)
(2345)
-

1916
576
(17)

498
183
(85)

116
248
(4)

49
31
(6)

64538
41288
334710
45921
(49701) (217401)

19586 11533
90009 37146
(15526) (10550)

2111
1066
(53)

Commission
Operating Expenses related to Insurance
Business
Provision for doubtful debts
Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments
(Net)
(b) Others
TOTAL (B)
Benefits Paid (Net)
Interim Bonuses Paid

29118
50

16492
15

6917
(56)
-

714
(11)
-

856
24
(37)

318
134
-

117
32
-

643474 (191895)

(30084) (10366)

1297

3442

7421

843

177

36002

51984

22615

14916

15095

9637

7678

4480

410618 210766 225909 137412

15829 15196 21797 17886
71019 77390 67601 42749

84684
10317
25498

36114
4593
14357

16324
1936
9950

5892
210
4841

2816
6945
2141918
96257
177163

11910
7211
3728
2902
530
16391
29518
9724 10855
4512
766322 1071918 574812 329704 105688
105155 149686 94668 34187 14584
187579 200434 107302 48681 21439

135
4000
26512
5044
13237

83
4000
11095
1242
6672

703
235
2511

Unit Linked Recoveries

TOTAL (A)

22080
(155)
-

588

579

417

272

6531
-

1577
-

86848
63094
62

93174
20116
52

89977
18031
32

61052
7092
27

36087
1755
5

18950
522
-

11886
77
-

5050
6
-

279951
263020
104

258208 91519 115514

(397)
(391)
(239)
320967 111296 133337
2803
6296
2595
6243
9046
6296
2595

68796
(177)
75738
622
622

45193
(89)
46864
1733
1733

16829
(186)
17164
-

4368
(7)
4437
-

839
(3)
842
-

933
-

731
-

410
-

107
-

294311
75651
5

351053 202701
85140 69854
27
20

83278
65348
12

36130
5651
3

18281
278
1

7914
36
-

2746
-

122952
1434932
1821008
40961
10720
11004
62685

73692
311113
460461
11550
9494
21044

39161 26699 19123

576733 261752 155761
701062 358324 240244
19803 13788
6182
6709
5645
640
(675)
25837 19433
6822

64169
69823
(265)
904
640

7459
7738
493
411
904

2749
2785
395
395

341
341
(2384)
2400
-

Change in valuation of liability in respect of life

policies
(a) Gross
(b) Amount ceded in Reinsurance
(c) Amount accepted in Reinsurance
(d) Transfer to Linked Fund
TOTAL ( C )
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
Prior Period Items
Balance at the beginning of the year
Transfer from Linked Fund (Lapsed Policies)
Surplus available for appropriations
APPROPRIATIONS
Transfer to Shareholders Account
Transfer to Other Reserves (Reserve for lapsed
unit linked policies unlikely to be revived)
Balance being funds for future appropriationsPolicyholders
Balance being funds for future appropriationsShareholders
Balance transferred to Balance Sheet
TOTAL (D)
Note: Figure in bracket represents negative value

12633
2096
(289)
(41)
12394
2071
(23666) (15427)
(23666) (15427)
-

121
-

5
-

(23787) (15432)
(23666) (15427)

51

53

48

39

26

52448

415
9908

(327)
(16016)

313
12411

1177

2752

6243

2548

583

1707

10237

10720

9494

6709

5645

640

904

6243

(16)

9046

6296

2595

622

1733

62684

21044

(6849)

19433

6822

640

904

411
395

16
16

Cont'd...TABLE 11

LIFE INSURERS: POLICYHOLDERS ACCOUNT

BHARTI AXA

Particulars
2009-10
Premiums earned net
(a) Premium
(b) Reinsurance ceded
(c) Reinsurance accepted
Income from Investments
(a) Interest, Dividends & Rent Gross
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
(d) Transfer/Gain on revaluation/change in fair value
(e) Amortization of Premium/Discount on Investments
(f) Appropriation/Expropriation Adjustment Account
Unrealised Gains/Loss
Other Income
Transfer from Shareholders' Account
Unit Linked Recoveries
TOTAL (A)
Commission
Operating Expenses related to Insurance Business
Provision for doubtful debts
Adjustment related to previous year
Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments (Net)
(b) Others
TOTAL (B)
Benefits Paid (Net)
Interim Bonuses Paid
Change in valuation of liability in respect of life policies
(a) Gross
(b) Amount ceded in Reinsurance
(c) Amount accepted in Reinsurance
(d) Transfer to Linked Fund
TOTAL ( C )
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
Prior Period Items
Balance at the beginning of the year
Transfer from Linked Fund (Lapsed Policies)
Surplus available for appropriations
APPROPRIATIONS
Transfer to Shareholders Account
Transfer to Other Reserves (Reserve for lapsed unit
linked policies
be revived)
Balance
being unlikely
funds fortofuture
appropriationsPolicyholders
Balance being funds for future appropriationsShareholders
Balance transferred to Balance Sheet
TOTAL (D)

(` Lakh)
BIRLA SUN LIFE

2008-09 2007-08 2006-07

2009-10

2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02

550566
(8029)
-

457180 325713 176617 125566

(5517)
(3406)
(3101)
(2184)
-

66973
(229)
-

36041
(93)
-

11841
(27)
-

778
(2)
-

789
6546
(639)
12648
236

252
55
(304)
(2941)
-

46
45
(20)
(359)
-

3
1
(5)
-

244
695

547
1215

246
25080

73
8467

1435
47975

87263
6346
66051
-

34771
3873
56587
-

36852
1264
29494
-

9314
56
8607
-

992261
51620
132675

306

93

27

72397
893
-

60766
262
-

30851
60
-

8690
-

61979
(277)
62595
(47729)
(47729)

15385
(126)
15520
(41515)
(41515)

5980
(39)
6001
-

(47729)
(47729)

(41515)
(41515)

- -

52157
38845
241291
32790
(34109) (111613)
141402
(27083)
(426)
(6)
-

91547
(1388)
-

53754
(770)
-

14392
(403)
-

2826
(146)
-

25045
63154
(10228)
(29177)
(65)
-

15771
22877
(5541)
(13550)
(63)
-

8880
8395
(2314)
17660
(75)
-

4501
511
(243)
-

1312
128
(91)
-

287
22
(6)
-

61
26
(1)
4406
-

1002
49410

317
15473

1610
7019

690
6762

193
8216

15
6770

2
-

462705 421448 208800 164557 102380

48179
33555
20138
15964
12922
124876
67073
37587
24393
17744
-

62743
7779
14446
1

21079
2951
8907
1

7174
440
4816
-

1709
76399

615

383

237

214

184295
113878
-

173670 101011
64644
42968
-

57961
12484
-

40571
7379
-

30666
3303
-

22226
772
-

11859
102
-

5256
30
-

624
624
-

683250
(7599)
789529
18438
18438

212457 275170 139681 117714

(1235)
(2893)
(1326)
(1107)
275865 315245 150838 123986
13169
5192
13169
-

69100
(688)
71714
-

40377
(633)
40516
-

9782
(665)
9219
-

1943
(56)
1917
-

1491
16947
18438

2862
10308
13169

2607
2585
5192

Note: Figure in bracket represents negative value

Cont'd...TABLE 11

LIFE INSURERS: POLICYHOLDERS ACCOUNT

(` Lakh)

Particulars

CANARA HSBC
2009-10 2008-09

Premiums earned net

(a) Premium
(b) Reinsurance ceded
(c) Reinsurance accepted
Income from Investments
(a) Interest, Dividends & Rent Gross
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
(d) Transfer/Gain on revaluation/change in fair value
(e) Amortization of Premium/Discount on Investments
(f) Appropriation/Expropriation Adjustment Account
Unrealised Gains/Loss
Other Income
Transfer from Shareholders' Account
Unit Linked Recoveries
TOTAL (A)
Commission
Operating Expenses related to Insurance Business
Provision for doubtful debts
Adjustment related to previous year
Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments (Net)
(b) Others
TOTAL (B)
Benefits Paid (Net)
Interim Bonuses Paid
Change in valuation of liability in respect of life policies
(a) Gross
(b) Amount ceded in Reinsurance
(c) Amount accepted in Reinsurance
(d) Transfer to Linked Fund
TOTAL ( C )
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
Prior Period Items
Balance at the beginning of the year
Transfer from Linked Fund (Lapsed Policies)
Surplus available for appropriations
APPROPRIATIONS
Transfer to Shareholders Account
Transfer to Other Reserves (Reserve for lapsed unit
linked
policies
be revived)
Balance
being unlikely
funds fortofuture
appropriationsPolicyholders
Balance being funds for future appropriationsShareholders
Balance transferred to Balance Sheet
TOTAL (D)
Note: Figure in bracket represents negative value

DLF
PRAMERICA

FUTURE GENERALI

2009-10 2008-09

2009-10 2008-09 2007-08

HDFC STANDARD
2009-10

2008-09

2007-08

2006-07

2005-06 2004-05 2003-04 2002-03

249
(192)
- -

700510.44
(4947)
-

556469
(4632)
-

485856
(4095)
-

285587
(3324)
-

156991
(2296)
-

68663
(1371)
-

29776
(794)
-

14882
(477)
-

84245
(254)
-

29641
(27)
- -

3844
(4)
-

337
(0)
- -

54151
(667)
-

15260
(463)
-

1873
4207
(258)
16645

44
43
(19)
186

4
1
(2)
3

1325
1100
(131)
2890
-

120
53
(52)
80
-

4
-

62142.17
94551.58
(16419)
428328
(458)
4136.49

44518
20341
(54725)
(182065)
(383)
-

27694
34152
(11230)
5835
(569)
-

15895
10434
(4119)
1014
(658)
-

6897
9449
(150)
21590
(602)
-

2671
1087
(1139)
340

230

197
144
(129)
(742)
-

1424
1428
(11)
-

26114

21086

9794

4015

207
36837

11
26341

11
3372

3028.57
35594.48

3555
61490

3247
32482

2330
14504

2327
13970

96
9547

(83)
2864

528
46
(64)
5355

132800
20337
19235
-

50170
10565
14893
- - 141

13896
429
10571
-

4356
8
4055
- - 34

95712
12945
44146
-

41351
2204
27186
132

3444
4
3309
12

1306468.18
52549.73
150904.03
-

444568
42489
176007
663

573373
35126
101298
626

321662
20993
57674
358

208176
12033
39849
268

79896
7309
23075
-

34604
3871
9817
-

20270
1977
6973
-

39571
433
-

25599
64
- -

11000
(25)
-

4097
- -

57091
1398
-

29522
220
-

3325
39
-

203454
133789
37

219159
68127
-

137049
50146
39

79025
17454
3

52150
4483
4

30384
1572
2

13688
270
2

8950
55
-

92818
(23)

93229
-

24507
24571
-

2921
2896
-

259
259
-

37223
38621
-

11867
(258)
11829
-

134
(54)
119
-

952640
(2546)
1083920.34
19094
19094

134542
6028
208745
16664
16664

378072
1029
429286
7038
7038

226253
(1411)
242299
339
339

152476
(1192)
155772
255
255

50465
(2527)
49512

21644
(999)
20916

12291
(706)
11641
(321)
(321)

4729
5329
9036
19094

7950
2850
5864
16664

5163
1875
7038

339
339

255
255

(321)
(321)

Cont'd...TABLE 11

LIFE INSURERS: POLICYHOLDERS ACCOUNT

LIFE INSURERS: POLICYHOLDERS ACCOUNT

(` Lakh)

HDFC
Particulars
STANDARD
2001-02
Premiums earned net
(a) Premium
(b) Reinsurance ceded
(c) Reinsurance accepted
Income from Investments
(a) Interest, Dividends & Rent Gross
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
(d) Transfer/Gain on revaluation/change in fair value
(e) Amortization of Premium/Discount on Investments
(f) Appropriation/Expropriation Adjustment Account
Unrealised Gains/Loss
Other Income
Transfer from Shareholders' Account
Unit Linked Recoveries
TOTAL (A)
Commission
Operating Expenses related to Insurance Business
Provision for doubtful debts
Adjustment related to previous year
Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments (Net)
(b) Others
TOTAL (B)
Benefits Paid (Net)
Interim Bonuses Paid
Change in valuation of liability in respect of life policies
(a) Gross
(b) Amount ceded in Reinsurance
(c) Amount accepted in Reinsurance
(d) Transfer to Linked Fund
TOTAL ( C )
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
Prior Period Items
Balance at the beginning of the year
Transfer from Linked Fund (Lapsed Policies)
Surplus available for appropriations
APPROPRIATIONS
Transfer to Shareholders Account
Transfer to Other Reserves (Reserve for lapsed unit
linked
policies
be revived)
Balance
being unlikely
funds fortofuture
appropriationsPolicyholders
Balance being funds for future appropriationsShareholders
Balance transferred to Balance Sheet
TOTAL (D)
Note: Figure in bracket represents negative value

3346
(139)
107
5
4461

7780
662
4126
4788
3
3070
(379)
2694
298
25
273
298

Cont'd...TABLE 11

LIFE INSURERS: POLICYHOLDERS ACCOUNT

(` Lakh)
Particulars

ICICI PRUDENTIAL
2009-10

Premiums earned net

(a) Premium
(b) Reinsurance ceded
(c) Reinsurance accepted
Income from Investments
(a) Interest, Dividends & Rent Gross
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
(d) Transfer/Gain on revaluation/change in fair value
(e) Amortization of Premium/Discount on Investments
(f) Appropriation/Expropriation Adjustment Account
Unrealised Gains/Loss
Other Income
Transfer from Shareholders' Account
Unit Linked Recoveries
TOTAL (A)
Commission
Operating Expenses related to Insurance Business
Provision for doubtful debts
Adjustment related to previous year
Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments (Net)
(b) Others
TOTAL (B)
Benefits Paid (Net)
Interim Bonuses Paid
Change in valuation of liability in respect of life policies
(a) Gross
(b) Amount ceded in Reinsurance
(c) Amount accepted in Reinsurance
(d) Transfer to Linked Fund
TOTAL ( C )
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
Prior Period Items
Balance at the beginning of the year
Transfer from Linked Fund (Lapsed Policies)
Surplus available for appropriations
APPROPRIATIONS
Transfer to Shareholders Account
Transfer to Other Reserves (Reserve for lapsed unit linked policies
unlikely
be revived)
Balanceto
being
funds for future appropriations-Policyholders
Balance being funds for future appropriations-Shareholders
Balance transferred to Balance Sheet

INDIAFIRST

2007-08

2006-07

2005-06

2004-05

2003-04

2002-03

2001-02

2009-10

2008-09

2007-08

2009-10

1653188 1535622 1356106

(5292)
(3803)
(2430)
-

791299
(1617)
-

426105
(684)
-

236382
(382)
-

98928
(191)
-

41762
(28)
-

11637
(3)
-

57112
(210)
-

31897
(43)
-

1190
-

20160

136165
114414
393183
157903
(63470) (329367)
(2702)
160
1294821 (557821)
422
381
52550
94857

63572
190333
(26177)
63249
1341
313
160635

38054
54231
(13857)
17386
3092
16
75800

20293
23161
(6271)
105135
47
23067

9579
2251
(283)
7722
10
23335

2656
2315
(20)
(115)
1690
23677

1863
626
17
15838

170
117
18
-

2995
6256
(1140)
3011
59
127
12299

703
862
(2392)
89
7
11611

1019

33
55
(4)
413
18
5095

3458864 1012345 1806942

60297
69999
81097
256915
274059 291994
(305)
2114
2896

964403
52551
152296
1226

590854
28339
72500
610

278614
17796
46151
-

128939
9562
28728
1257

60078
3776
17383
-

11939
1447
8485
(965)

42733
1545
11915
69

2209
37
1004
- 3

346172
220656
5

375987
201487
6

206073
72750
-

101450
20947
-

63947
10120
-

39546
816
-

21159
316
-

8967
65
-

80508
4419
14850
19269
351
-

13529
76
-

1045
-

25769
1456
6822
8278
17
-

424219 1196952
644880 1398444
21293
32512
53785
75078
32512

671979
744729
13601
13601

467452
488398
1006
1006

201373
211492
3176
3176

24843
63734
89393
-

18723
19881
38920
-

12825
725
13615
(10643)
-

61166
(278)
61239
-

29245
(117)
29204
-

1164
(1)
1164
-

17472
17488
2
2

3461
10141
-

759
248
-

3175
-

(12417)
1774
-

2
-

316907
720999
5
2291183
3012187
129770
71733
201503
78262
51508
71733
-

2008-09

IDBI FEDERAL

3344
17948
53785
-

212
32300
-

TOTAL (D)
Note: Figure in bracket represents negative value

201503

75078

32512

13602

1006

3175

(10643)

Cont'd...TABLE 11

LIFE INSURERS: POLICYHOLDERS ACCOUNT

(` Lakh)
ING VYSYA

Particulars

KOTAK MAHENDRA

2009-10 2008-09 2007-08 2006-07 2005-06 2004-05

2003-04 2002-03 2001-02

2009-10 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02

Premiums earned net

(a) Premium
(b) Reinsurance ceded
(c) Reinsurance accepted

164265
(409)
-

144228 115887
(758)
(559)
-

70720
(318)
-

42538
(251)
-

33886
(121)
-

8851
(22)
-

2116
(4)
-

419
(2)
-

286805
(1820)
-

234319 169114
(3545)
(2843)
-

97151
(2018)
-

62185
(1115)
-

46616
(678)
-

15072
(398)
-

4032
(60)
-

758
(21)
-

26006
17108 10137
35815
13704 32018
(8651) (57479)
(5748)
52223
(7855) (10306)
-

6158
10336
(2779)
(1776)
-

3514
2000
(446)
7415
-

1239
369
(273)
484
-

448
255
(3)
74
-

41
-

70
11799

24
4998

26
2173

7
9758

Income from Investments

(a) Interest, Dividends & Rent Gross
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
(d) Transfer/Gain on revaluation/change in fair value
(e) Amortization of Premium/Discount on Investments
(f) Appropriation/Expropriation Adjustment Account

15559
10244
39112
6432
(6751) (34378)
54139 (13933)
-

7011
14526
(4983)
(3428)
-

4019
3878
(1069)
(592)
-

2012
481
(83)
2380
-

522
76
(175)
-

102
-

35
-

1499
14630

208
20707

50
18867

39
12624

56
9822

39
7503

5
4752

290
1770

134926 149369
11038 10555
46392 40370
-

95555
9417
30353
-

59739
6913
21083
-

44067
4107
14649
-

16472
1993
9891
-

6904
645
5775
-

417
135
2312
-

392437
16792
57384
-

199551 203369 118941

22543 15511
8020
60767 42487
24031
-

78574
5912
13408
-

49956
3890
11133
-

25213
1920
8984
-

4014
761
6138
-

737
181
3698
-

(717)
73458
49668
21659
230754
302082
16896

268
282
5
712
83583 58991
24304 26255
17497 12979
66594 99180
108395 138414
7572
5963

189
32239
17317
12081
50803
80201
6501

107
19427
4197
12468
42217
58882
265

243
15266
456
8541
28404
37400
(2711)

77
10981
408
4389
5031
9829
4404

6898
21
2320
2341
(5226)

1
3880
347
347
(3490)

Unrealised Gains/Loss
Other Income
Transfer from Shareholders' Account

2249
20840

286
3013

108
10888

Unit Linked Recoveries

TOTAL (A)
Commission
Operating Expenses related to Insurance Business
Provision for doubtful debts

282045
12076
46727
-

Adjustment related to previous year

Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments (Net)
(b) Others
TOTAL (B)
Benefits Paid (Net)
Interim Bonuses Paid

58803
24544
7

223

433

271

242

57652
13371
7

51357
8958
3

40042
5051
3

28238
3034

18755
260
1

11883
96
11

6420
29
-

1417
3864
-

196597
104
221251
1991
661
2653
-

65026
(89)
78314
(1041)
2049
1008

50463
(4)
55514
-

28507
(41)
31501
-

25090
(40)
25311
-

4487
(3)
4589
-

458
(3)
484
-

354
(1)
353
(3800)
-

347
-

86993
(57)
95898
2113
64
-

1991

(1388)

2049

661

2049

2653

1008

2113

Change in valuation of liability in respect of life policies

(a) Gross
(b) Amount ceded in Reinsurance
(c) Amount accepted in Reinsurance
(d) Transfer to Linked Fund
TOTAL ( C )
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
Prior Period Items
Balance at the beginning of the year
Transfer from Linked Fund (Lapsed Policies)
Surplus available for appropriations
APPROPRIATIONS
Transfer to Shareholders Account
Transfer to Other Reserves (Reserve for lapsed unit
linked policies unlikely to be revived)
Balance being funds for future appropriationsPolicyholders
Balance being funds for future appropriationsShareholders
Balance transferred to Balance Sheet
TOTAL (D)

380
17276

370
7942

363
6327

(4848)
1653

(4967)
(4702)

(2256)
(4967)

4404

(5226)

(3800)
-

7085
-

2021
-

1939
-

143
-

1146
-

9663

5541

4018

1146

147

244

74

(993)

(3800)

528
17276

380
7942

370
6327

363
1653

(4848)
(4702)

(4967)
(4967)

4330
4404

(4233)
(5226)

Note: Figure in bracket represents negative value

Cont'd...TABLE 11

LIFE INSURERS: POLICYHOLDERS ACCOUNT

(` Lakh)
Particulars

MAX NEW YORK

METLIFE

2009-10 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02

Premiums earned net
(a) Premium
(b) Reinsurance ceded
(c) Reinsurance accepted
Income from Investments
(a) Interest, Dividends & Rent Gross
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
(d) Transfer/Gain on revaluation/change in fair value
(e) Amortization of Premium/Discount on Investments
(f) Appropriation/Expropriation Adjustment Account
Unrealised Gain/Loss
Other Income
Transfer from Shareholders' Account
Unit Linked Recoveries
TOTAL (A)
Commission
Operating Expenses related to Insurance Business
Provision for doubtful debts
Adjustment related to previous year
Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments (Net)
(b) Others
TOTAL (B)
Benefits Paid (Net)
Interim Bonuses Paid
Change in valuation of liability in respect of life policies
(a) Gross
(b) Amount ceded in Reinsurance
(c) Amount accepted in Reinsurance
(d) Transfer to Linked Fund
TOTAL ( C )
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
Prior Period Items
Balance at the beginning of the year
Transfer from Linked Fund (Lapsed Policies)
Surplus available for appropriations
APPROPRIATIONS
Transfer to Shareholders Account
Transfer to Other Reserves (Reserve for lapsed unit
linked policies unlikely to be revived)

486054
(5968)
-

385726 271460 150028

(3823)
(2205)
(1486)
-

32384
72233
(9806)
102913
1241
-

21178
12000
(41177)
(14411)
577
-

46
5862
684959
42121
150439
22
20
-

2009-10 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02

78813
(841)
-

41343
(471)
-

21525
(318)
-

9659
(154)
-

3895
(35)
-

253601 199664 115954

(2980)
(1837) (1105)
-

49271
(439)
-

20599
(194)
-

8153
(214)
-

2873
(39)
-

791
(11)
-

48
(1)
-

7028
1974
(460)
842
(76)
-

3852
331
(47)
2260
(152)
-

2131
9
40
-

929
-

406
-

77
-

95
36
99
37158 17913
7419
397324 309615 165368
39158 38446
22852
160896 86533
51370
132
100
58

123
6516
90856
13447
33932
9

(78)
10267
53241
6509
24641
17

(38)
24501
46598
4028
16273

12
9923
1849
11194

1
3938
1186
8488

11934
7547
3613
9763
- 2320
(4107)
257
114181 (39367)
622
191
93
387121 162092 121133
29251
34956 26629
68199
63290 42661
-

1656
252
908
69
2279
53996
10505
23197
-

643
231
98
797
1
5
8658
5629
30603 13803
4050
1449
16157
9538
-

77
1976
4887
673
4465
-

3
783
167
3044
-

47
16
653
-

20407 10987
597
350
-

5138
54
-

3212
18
-

669
-

6
794

12008
11452
(2816)
1736
30
-

1
469

0
311

5
256

3
-

192602
58917
-

200986 125549
22082 13601
-

74593
8337
-

47650
4254
-

31171
1242
-

20301
1164
-

13043
249
-

9674
67
-

419620
(1050)
477487
14869

176276 166557
(480)
(523)
197878 179634
(1539)
4431

82385
(100)
90623
153

38605
(212)
42646
560

21068
(240)
22070

9558
(139)
10584
15713

4546
(25)
4770
(7890)

2037
(16)
2088
(7824)

356

280

165

97450
98602 69569 33867
18573
7669
3465
2077
6
2
297274 110326 97354 40236
(568)
(663)
(378)
(74)
315284 117334 100441 42240
(25613) (53844) (48878) (22111)
(136394) (80318) (30079)
7724
(162007) (134162) (78956) (29835)

201

13361
(161)
13797
(3601)
1834
(5957)
(7724)

3814
(112)
4052
(1236)
(4721)
(5957)

1488
(42)
1500
(1751)
(2970)
(4721)

523
541
(2970)
(2790)

9
9
(631)
-

1695

4335

(15713)

(7823)

16564

2796

4431

153

560

(15713)

10335

1101

791

12

(7824)

74
-

65
-

(631)
-

Balance being funds for future appropriationsPolicyholders

6229

1695

127

499

4301

2167

(1362)

(244)

Balance being funds for future appropriationsShareholders

3640

14

55

16564

2796

4431

153

560

(15713)
(15713)

(7824)

(1362) (30079)
(2723) (30323)

(7724)
(7724)

(5957)
(5957)

(4721)
(4721)

(2790)
(2790)

(631)

Balance transferred to Balance Sheet

TOTAL (D)
Note: Figure in bracket represents negative value

(166383) (136394)
(162007) (134162)

Cont'd...TABLE 11

LIFE INSURERS: POLICYHOLDERS ACCOUNT

(` Lakh)

RELIANCE

SAHARA

2009-10 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02

2009-10 2008-09 2007-08 2006-07 2005-06 2004-05

Particulars
Premiums earned net
(a) Premium
(b) Reinsurance ceded
(c) Reinsurance accepted

660490 493254 322544 100466

(1656) (1720) (1218)
(414)
-

22421
(200)
-

10655
(147)
-

3106
(96)
-

647
(46)
-

28
-

25059
(7)
-

20647
(7)
-

14349
(3)
-

5100
(1)
-

2766
-

174
-

1390
7499
(3034)
(2562)
(9)
-

731
937
(140)
3014
(100)
-

269
111
(16)
(10)
-

48
14
(4)
(15)
-

8
-

1263
379
(5678)
(0)

488
764
(207)
1

266
130
(1)
(4)
-

87
-

131
32922

73
10494

12
5742

9
8638

27
1670

7
1478

5
1054

16
922

1
1152

1035645 505047 394773 136389

62785 59691 27578
9877
163673 192297 103076 42904
-

37229
1433
11593
-

16616
787
7680
-

11699
547
5219
-

609
167
3398
-

28
7
1123
-

1791
680
14331
2
34
41890
2368
3700
-

18301
2415
3973
-

16879
2055
2373
-

6550
668
1542
-

3791
379
1121
-

1327
66
177
-

Income from Investments

(a) Interest, Dividends & Rent Gross
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
(d) Transfer/Gain on revaluation/change in fair value
(e) Amortization of Premium/Discount on Investments
(f) Appropriation/Expropriation Adjustment Account

24497 12204
5411
67713
6418 31688
(18375) (79813) (15269)
270262 (40188) (29244)
1316
4035
562
-

Unrealised Gains/Loss
Other Income
Transfer from Shareholders' Account

864
240
30534 110618

2024
78276

Unit Linked Recoveries

TOTAL (A)
Commission
Operating Expenses related to Insurance Business
Provision for doubtful debts
Adjustment related to previous year
Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments (Net)
(b) Others
TOTAL (B)
Benefits Paid (Net)
Interim Bonuses Paid

791
907
226459 252778 131560
69342 15553 16242
5
5
3

161

126

172

13

52942
7891
3

13152
3279
1

8466
695
-

5766
50
-

3565
9
-

1130

140
6542
618
-

3
4439
527
-

2215
157
-

1500
22
-

243
-

731162 235123 246968

800509 250681 263213
8677
1587
1587
10264
1587
-

75552
83446
-

20797
24077
-

7557
(102)
8150
-

1647
1697
4236
(4236)
-

157
166
(3122)
(1114)
(4236)
-

11
11
(1113)
-

6241
1483
6421
(3)
26978
34879
770
770

4303
(2)
6821
11740
19
19

3025
(1)
8894
12444
(5)
(5)

1232
(1)
2942
4331
4
4

502
1739
2263
29
29

1084
1084
-

Change in valuation of liability in respect of life policies

(a) Gross
(b) Amount ceded in Reinsurance
(c) Amount accepted in Reinsurance
(d) Transfer to Linked Fund
TOTAL ( C )
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
Prior Period Items
Balance at the beginning of the year
Transfer from Linked Fund (Lapsed Policies)
Surplus available for appropriations
APPROPRIATIONS

(1113)

Balance being funds for future appropriationsPolicyholders

8677

1587

770

19

(5)

29

Balance being funds for future appropriationsShareholders

1587

10264

1587

(4236)
-

(1113)

770

19

(5)

29

Transfer to Shareholders Account

Transfer to Other Reserves (Reserve for lapsed unit
linked policies unlikely to be revived)

Balance transferred to Balance Sheet

TOTAL (D)

Note: Figure in bracket represents negative value

Cont'd...TABLE 11

LIFE INSURERS: POLICYHOLDERS ACCOUNT

(` Lakhs)

Particulars

SBI LIFE
2009-10

STAR UNION DAIICHI

SHRIRAM

2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02

2009-10 2008-09 2007-08 2006-07 2005-06

2009-10

2008-09

Premiums earned net

(a) Premium
(b) Reinsurance ceded
(c) Reinsurance accepted

1010403
(2355)
-

721210 562214 292849 107532

(971)
(1093)
(505)
(223)
-

60118
(189)
-

22567
(14)
-

7239
-

1468
-

61127
(67)
-

43617
(49)
-

35805
(17)
-

18417
(14)
-

1033
(1)
-

53037
(28)
-

5019
-

5760
5124
(76)
2266
-

2776
1133
(2)
-

1041
159
(12)
-

358
144
-

21
-

3276
4344
(975)
-

114
-

42
-

1
-

4923
1605438
75825
66090
(21)
1022
(13679)
129237
85144
-

403
253
173
87
15820
9975
4375
4559
566996 621672 318858 125030
46788
40538
19597
6969
62050
44694
32238
18996
(1184)
374
2303
228
180
6634
7523
114663
95057
52063
26145
39675
35085
14006
8243
-

227
2170
66235
2339
12456
14796
4636
-

2699
26439
945
5735
6679
2145
-

2080
9821
187
2330
2517
274
-

1489
19
1127
1146
-

24269
80
3324
(1566)
93812
6649
12399
19048
6595
3

2175
(674)
(11623)
29
516
(1193)
32798
5599
6782
62
12442
1430
3

1165
610
37677
4478
5090
2
9570
382
2

137
18580
3604
2448
101
6153
176
-

1032
358
659
-

721
1056
(183)
1476
87
56166
3928
6635
10563
132

1
1
31
5052
676
2436
2
3113
-

1371721
(90)
1456775
19426
812
20237

402380 484087 253083

(566)
(713)
(296)
441488 518459 266794
10845
8156
1
77
10923
8156
1

90754
(111)
98885
-

47981
(1178)
51439
-

17634
(20)
19759
-

7029
7304
-

1435
1435
(1092)
-

4181
63852
74631
132
192
324

1421
17269
20123
233
23
256

1803
25780
27967
140
(74)
66

1169
11120
12465
(38)
(12)
(50)

27
27
(12)
(12)

48905
(28)
49009
(3405)
(3405)

3911
3911
(1972)
(1972)

Income from Investments

(a) Interest, Dividends & Rent Gross
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
(d) Transfer/Gain on revaluation/change in fair value
(e) Amortization of Premium/Discount on Investments
(f) Appropriation/Expropriation Adjustment Account

77248
52745
254992
36747
(42428) (196338)
302655
(62619)
-

24175
48219
(6759)
(15310)
-

12603
8928
(1894)
2330
-

Unrealised Gains/Loss
Other Income
Transfer from Shareholders' Account
Unit Linked Recoveries
TOTAL (A)
Commission
Operating Expenses related to Insurance Business
Provision for doubtful debts
Adjustment related to previous year
Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments (Net)
(b) Others
TOTAL (B)
Benefits Paid (Net)
Interim Bonuses Paid

1017
-

Change in valuation of liability in respect of life policies

(a) Gross
(b) Amount ceded in Reinsurance
(c) Amount accepted in Reinsurance
(d) Transfer to Linked Fund
TOTAL ( C )
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
Prior Period Items
Balance at the beginning of the year
Transfer from Linked Fund (Lapsed Policies)
Surplus available for appropriations
APPROPRIATIONS
Transfer to Shareholders Account
Transfer to Other Reserves (Reserve for lapsed unit
linked policies unlikely to be revived)
Balance being funds for future appropriationsPolicyholders
Balance being funds for future appropriationsShareholders
Balance transferred to Balance Sheet
TOTAL (D)
Note: Figure in bracket represents negative value

17775
-

10111
-

8079
-

1092
-

143
-

65
-

43
-

25
-

(3405)
-

(1972)
-

2462

812

77

181

192

23

(74)

(12)

20237

10923

8156

324

256

66

(49)

(12)

(3405)

(1972)

Cont'd...TABLE 11

LIFE INSURERS: POLICYHOLDERS ACCOUNT

(` Lakh)

Particulars
Premiums earned net
(a) Premium
(b) Reinsurance ceded
(c) Reinsurance accepted
Income from Investments
(a) Interest, Dividends & Rent Gross
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
(d) Transfer/Gain on revaluation/change in fair value
(e) Amortization of Premium/Discount on Investments
(f) Appropriation/Expropriation Adjustment Account
Unrealised Gains/Loss
Other Income
Transfer from Shareholders' Account
Unit Linked Recoveries
TOTAL (A)
Commission
Operating Expenses related to Insurance Business
Provision for doubtful debts
Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments (Net)
(b) Others
TOTAL (B)
Benefits Paid (Net)
Interim Bonuses Paid
Change in valuation of liability in respect of life policies
(a) Gross
(b) Amount ceded in Reinsurance
(c) Amount accepted in Reinsurance
(d) Transfer to Linked Fund
TOTAL ( C )
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
Prior Period Items
Balance at the beginning of the year
Transfer from Linked Fund (Lapsed Policies)
Surplus available for appropriations
APPROPRIATIONS
Transfer to Shareholders Account
Transfer to Other Reserves (Reserve for lapsed unit linked
policies unlikely to be revived)
Balance being funds for future appropriations-Policyholders
Balance being funds for future appropriations-Shareholders
Balance transferred to Balance Sheet
TOTAL (D)
Note: Figure in bracket represents negative value

TATA AIG
2009-10

2008-09

2007-08

2006-07

2005-06

2004-05

2003-04

2002-03

2001-02

349378
(1222)

274750
(1294)

204635
(1356)
-

136718
(1123)
-

88019
(1305)
-

49704
(849)
-

25353
(416)
-

8121
(87)
-

2114
(6)
-

29607
20203
(12567)
173968
-

21253
6459
(28193)
(72256)
-

12796
15225
(28)
(538)
-

7664
6400
(63)
1040
-

3735
1506
(12)
7036
-

1727
(0)
-

754
26
-

216
-

3196
44339

2728
62420

1000
35629

441
10434

379
7608

565
5764

21
6307

2
4355

606901
28085
102631
641
-

265866
23978
107119
214
484

267363
22892
70252
(92)
96
491

161511
19124
35702
73
274

106966
13755
29078
27
310

56911
8994
19802
5
-

32045
4158
11504
-

12607
1480
6353
-

2108
572
4038
-

131357
32458
-

131795
14683
-

93640
11218
-

55173
8209
-

43171
4738
-

28801
2282
-

15662
852
-

7832
367
-

4610
123
-

64403
(141)
377556
474276
1268
3867
5135

62805
(151)
56695
134031
40
281
321

46441
(157)
109818
167320
6403
117
6521

38962
(96)
52159
99234
7104
820
7924

28188
(102)
29716
62541
1254
424
1678

14951
(259)
7718
24691
3418
3418

13424
2107
16383
-

4409
4776
-

451
574
(3076)
-

3403
-

3780
-

232
-

1471
-

351
-

400
3018

3076
-

1731
5135

(3459)
321

6289
6521

6453
7924

1327
1678

3418

Cont'd...TABLE 11

LIFE INSURERS: POLICYHOLDERS ACCOUNT

(` Lakh)

Particulars

ALL COMPANIES
2009-10

2008-09

2007-08

2006-07

2005-06

2004-05

2003-04

2002-03

2001-02

26545037
(50208)
352

22178547
(42610)
(57)

20134262
(31918)
355

15606531
(20172)
109

10587174
(13616)
151

8285480
(10774)
(97)

6628793
(7085)
137

5574754
(4127)
182

5009444
(2040)
79

7283744
2616044
(463219)
6029502
1771
2066
1434747
53865
370356
(1566)
43822493
1814631
2880694
(103867)
(21)
20
369950
50455
(14396)
12256
5009722
9557820
100583

6059594
851457
(1351762)
(2373988)
4233
160
(608780)
56198
617443
(1193)
25389242
1549598
2583190
27657
(1184)
6
344515
93177
6779
1909
4605647
5837029
77350

5021491
1646584
(263139)
(153567)
(42)
1342
45267
499606
26900243
1468058
2030673
13576
97
360813
16725
8237
4167
3902346
6168637
107422

4184055
931814
(189550)
(112125)
(806)
3092
103650
228030
20734628
1226864
1358584
41298
471282
12233
(5851)
3104410
5571501
139627

3608296
663843
(163552)
176974
(929)
141756
126385
15126483
863548
961105
21012
5
399971
4036
5110
2254787
3520986
29746

3324751
436483
(99000)
9244
101522
96513
12144122
709861
821560
110062
3
561929
16480
(275)
2219620
2875133
19536

2730795
354404
(86839)
121
13222
107817
9741366
615838
642483
50849
1
151885
720805
77
2181938
2399357
23375

2511894
129153
(33234)
35604
47631
8261855
515273
545115
26542
125862
26077
824646
2063515
2054522
21636

2286626
112525
(13619)
21352
7414367
456691
467417
17987
85852
8397
2277
1038621
1747952
19538

19478781
(13185)

12869974
1907

12113993
(4027)

9083534
(3483)

7961790
(3017)

6548377
(5331)

4989759
(1843)

4074027
(1402)

3426050
(452)

9410994
38534994
277777
(42372)
14870
250275

1930493
20716753
66842
(10185)
281
56939

4483448
22869473
128423
(23080)
(558)
99594

2743293
17534472
95746
(6939)
820
89626

1292341
12801847
69848
1834
(10284)
424
61822

414744
9852458
72042
(6072)
65970

70872
7481520
77908
(22508)
55400

19881
6168664
29677
(8937)
20740

725
5193813
1181932
7714
-

227754
5331

81539
12759

101762
(15968)

81205
12450

63293
1203

70060
3018

54813
74

47817
-

34216
823918

Premiums earned net

(a) Premium
(b) Reinsurance ceded
(c) Reinsurance accepted
Income from Investments
(a) Interest, Dividends & Rent Gross
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
(d) Transfer/Gain on revaluation/change in fair value
(e) Amortization of Premium/Discount on Investments
(f) Appropriation/Expropriation Adjustment Account
Unrealised Gains/Loss
Other Income
Transfer from Shareholders' Account
Unit Linked Recoveries
TOTAL (A)
Commission
Operating Expenses related to Insurance Business
Adjustment related to previous year
Provision for doubtful debts
Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments (Net)
(b) Others
TOTAL (B)
Benefits Paid (Net)
Interim Bonuses Paid
Change in valuation of liability in respect of life policies
(a) Gross
(b) Amount ceded in Reinsurance
(c) Amount accepted in Reinsurance
(d) Transfer to Linked Fund
TOTAL ( C )
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
Prior Period Items
Balance at the beginning of the year
Transfer from Linked Fund (Lapsed Policies)
Surplus available for appropriations
APPROPRIATIONS
Transfer to Shareholders Account
Transfer to Other Reserves (Reserve for lapsed unit linked
policies unlikely to be revived)
Balance being funds for future appropriations-Policyholders

126607

58254

53602

18731

8517

Balance being funds for future appropriations-Shareholders

80224
(189641)
250275

55834
(151447)
56939

3640
5297
1483333

14
(23262)
89138

55
(11245)
61823

3815
(10924)
65969

904
(391)
55400

(2986)
(4142)
20740

350507
1200927

Balance transferred to Balance Sheet

TOTAL (D)
Note: Figure in bracket represents negative value